Tag: demonetization
A Cashless Society? Indian ATMs face cash shortages
New Analysis | India’s cash machines are running dry as the country suffers a shortage of banknotes. The shortage has occurred less than 18 months...
Modi’s economic reforms are slowing down India’s GDP growth
News Analysis | A research report by the State Bank of India (SBI) states that India is currently undergoing a slowdown with gross domestic product...
India’s Modi poised to win state elections despite falling economy?
ADDRESSING a conference in his home state of Gujarat on January 10th, Narendra Modi, India’s prime minister, exuded confidence. India’s economy is the fastest-growing...
India’s demonetization dampened sales for the world’s biggest diamond producer
Bain & Co. predicts that by 2020, India will surpass Europe and Japan to become the world’s third-largest market for diamond jewelry, trailing only...
Indian rupees: Holders of notes abroad face tough battle
People outside of India holding discontinued 500 and 1,000-rupee (£6; £12) notes face difficulties exchanging them, BBC research has found. British banks are generally...
